fidelity bond

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fidelity bond

n.
An insurance contract that indemnifies an employer for loss resulting from a fraudulent or dishonest act by an employee.
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Bourne has negotiated settlements and litigated cases involving a wide range of insurance contracts, including commercial general liability, directors and officers, errors and omissions, property and business interruption, professional liability, cyber liability, and multimedia errors and omissions policies, as well as fidelity bonds.
a fiduciary insurance and fidelity bond broker in the Taft-Hartley market, has acquired broker of record rights to certain fiduciary liability policies and fidelity bonds previously brokered by David Walker Insurance Services in San Francisco, the company said.
The firm said that it has acquired Broker of Record rights to certain fiduciary liability policies and fidelity bonds previously brokered by David Walker Insurance Services (DWIS) in San Francisco.
The State of Louisiana Department of Insurance has given regulatory approval to The Main Street America Group to write commercial surety and fidelity bonds in the state.
Successful bidder and all personnel provided to the City as security guards or security guard supervisors must be covered by adequate liability insurance, workman%s compensation and fidelity bonds.
Fidelity bonds, also referred to as employee dishonesty coverage, cover theft of an employer's property by its own employees.
Lexon writes Contract Surety Bonds, Off-site Subdivision Surety Bonds, Commercial - License and Miscellaneous Surety Bonds, Court - Civil and Probate Surety Bonds, Fidelity Bonds and Environmental Surety Bonds for individuals and companies of all sizes.
Whether we write your primary insurance or not, we are capable of placing fidelity bonds that meet the Department of Agriculture and National Telecommunications and Information Administration stipulated terms.
Essentially insurance for employee thefts, fidelity bonds provide peace of mind and compensation should a theft occur.
ERISA fidelity bonds and fiduciary liability coverage for the fiduciaries of an ERISA plans are often confused.
The remainder of its book is comprised of fidelity bonds and a small amount of errors and omissions coverage for tax preparers and notaries public.
By statute, the Federal Deposit Insurance Company can require insured financial institutions to maintain fidelity bonds to insure against such losses, and the FDIC has chosen to mandate that requirement.